Listen Live

Current Weather

Loading advertisement…

Tariffs may lower inflation, SF Fed research suggests

Jan 5 (Reuters) - The sharp increase in tariffs imposed last year by the Trump administration may reduce inflation rather than increase it, according to research published Monday by the San Francisco Federal Reserve Bank, suggesting that interest-rate cuts may be the proper policy... Read More.

Oil stocks sharply higher after US action in Venezuela

Shares of major U.S. companies in the energy sector are sharply higher Monday after President Donald Trump announced plans to take control of Venezuela's oil industry and said American companies would revitalize it after capturing President Nicolás Maduro. While the U.S. action is unlikely... Read More.

Factbox-China’s oil investments in Venezuela

By Lewis Jackson and Sam Li Jan 5 (Reuters) - China is a major customer of and investor in Venezuela's oil sector, which President Donald Trump aims to revive following the U.S. military's ouster of President Nicolas Maduro on Saturday. Years of mismanagement, underinvestment and,... Read More.